Ghana has formally legalized cryptocurrency buying and selling after parliament handed the Virtual Asset Service Providers Bill into regulation, marking a significant shift for certainly one of West Africa’s most energetic digital asset markets. The transfer ends years of authorized uncertainty for customers and companies, nevertheless it additionally locations the fast-growing sector underneath agency regulatory…
Indonesia’s Financial Services Authority, often known as OJK, has formally revealed a whitelist of 29 licensed crypto and digital monetary asset buying and selling platforms, formally noting a public document of firms which might be legally allowed to function in the nation. The transfer is a part of a broader regulatory effort to tighten oversight,…
The Federal Reserve has opened the door to a brand new kind of central checking account that would reshape how crypto and payment-focused corporations entry the US banking system, beneath a tailor-made approval framework. On Friday, the Fed requested public enter on a proposed “fee account.” @federalreserve requests public enter on “fee account,” which eligible…
Wyoming Senator Cynthia Lummis, one of many most vocal supporters of digital assets in the US Congress, mentioned she won’t search reelection in 2026, setting the stage for her departure from the Senate when her time period ends in January 2027. Key Takeaways: Senator Cynthia Lummis won’t search reelection in 2026 and can go away…
A coalition of 125 crypto and fintech organizations delivered a forceful rejection of banking business efforts to increase the GENIUS Act’s prohibition on stablecoin yields, warning that broader restrictions would remove client selection whereas defending conventional banks from competitors. The Blockchain Association led the coalition in a letter to Senate Banking Committee Chairman Tim Scott…
The U.S. Securities and Exchange Commission says some third-party Bitcoin mining internet hosting offers can quantity to securities, based on a federal lawsuit tied to an alleged $48 million fraud involving mining agency VBit Technologies. In a criticism filed Wednesday in the U.S. District Court for the District of Delaware, the SEC accused VBit founder…
The Senate’s long-awaited crypto market construction invoice is hitting one other vital juncture as midterm election pressures start to overshadow bipartisan negotiations. According to Politico, Senate Banking Chair Tim Scott now faces mounting challenges to move the landmark laws after pushing a committee vote into 2026, with lawmakers warning that Congress’s conventional election-year gridlock might…
The U.S. Senate has confirmed crypto-friendly lawyer Mike Selig as the subsequent chair of the Commodity Futures Trading Commission (CFTC), ending a chronic interval of management uncertainty at one of many nation’s most vital monetary regulators. The affirmation handed Thursday as a part of a mass approval of federal nominees, with senators voting 53–43 underneath…
U.S. banks are shifting nearer to issuing dollar-backed stablecoins after the Federal Deposit Insurance Corporation (FDIC) approved a proposed rule that units out how FDIC-supervised establishments can apply to accomplish that below the GENIUS Act, a stablecoin law signed earlier this year. The proposal marks the FDIC’s first concrete step towards implementing the laws and…
The U.S. Securities and Exchange Commission has formally concluded its multi-year investigation into the Aave Protocol with out recommending any enforcement motion. The motion ends almost 4 years of regulatory uncertainty surrounding one in all decentralized finance’s most generally used lending platforms. Aave founder and chief govt Stani Kulechov disclosed the end result in a…